Sentences with phrase «increase in foreclosure sales»

The recent increase in foreclosure sales follows an 18 - month decline in the sales, according to RealtyTrac.

For the second month in a row, the four - county Metro Orlando area experienced an increase in foreclosure sales.

Not exact matches

While both deed in lieu agreements and short sales represent alternatives to foreclosure, neither will spare you from a lower credit score, the possibility of a deficiency judgment, or an increase in your taxes.

While both deed in lieu agreements and short sales represent alternatives to foreclosure, neither will spare you from a lower credit score, the possibility of a deficiency judgment, or an increase in your taxes.

San Diego Home Loans The San Diego County housing market has declined slightly with an increasing foreclosure rate and slow home sales but many anticipate a slight rebound in 2011 or 2012.

An increasing number of homeowners are turning to short sales in order to unload their homes without going through a foreclosure.

Orange County Home Loans O.C. Job growth continues to salvage property values, but home sales from San Clemente, Tustin and Ladera Ranch seem to have dipped with the increase in foreclosures.

Despite the emphasis on short sales as an alternative to foreclosure (short sales are better than foreclosures in almost all circumstances), I do expect that we will see a broad increase in foreclosures later this year.

There has been a sharp increase in short sales of late, and there were actually more short sales in January than there were foreclosure sales, the first time this has ever occurred.

Given the increase in foreclosures and short sales lenders have increased their standards when evaluating the potential for default of every borrower.

In the 12 months since my last state of the sector address, we've experienced a major financial crisis, a freeze up in the credit markets, a collapse in housing prices and sales, record foreclosures, a painful recession, a huge jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member serviceIn the 12 months since my last state of the sector address, we've experienced a major financial crisis, a freeze up in the credit markets, a collapse in housing prices and sales, record foreclosures, a painful recession, a huge jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member servicein the credit markets, a collapse in housing prices and sales, record foreclosures, a painful recession, a huge jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member servicein housing prices and sales, record foreclosures, a painful recession, a huge jump in unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member servicein unemployment, a surge in bankruptcies, and a dramatic increase in the demand for NFCC Member servicein bankruptcies, and a dramatic increase in the demand for NFCC Member servicein the demand for NFCC Member services.

In November, NAR's Board of Directors asked us to do four things: Push for loan limit increases for high - cost areas to be extended beyond 2008; make the $ 7,500 tax credit a true credit and not a loan; find ways to push interest rates down by 200 basis points; and help provide solutions to the foreclosure / short sale problem.

When we look at the influence of the Internet, mobile marketing, social media, sales apprehension, buyer fear, lack of equity, foreclosures, short sales, and the increase of cash buyers, we can see all these factors are creating an environment in which consumer demands and expectations are changing rapidly.

When a foreclosure sale is not successful, the numbers of sales do not increase and it will get counted in our inventory figure.

Projections for 2014 are that there will be very few foreclosures and fewer short sales home as values continue to increase, though at a much slower rate than early in 2013.

Sales of normal homes increased 10.45 percent in July 2016, while foreclosures decreased 62.91 percent and short sales decreased 29.58 perSales of normal homes increased 10.45 percent in July 2016, while foreclosures decreased 62.91 percent and short sales decreased 29.58 persales decreased 29.58 percent.

* The number of normal sales in March increased by 18.79 percent compared to March 2015, while foreclosures decreased 53.70 percent and short - sales decreased 30.77 percent.

* The number of normal sales in February increased by 20.60 percent compared to February 2014, while foreclosures increased 36.22 percent and short - sales decreased 32.84 percent.

«Red flags include things like a new highway being built [in close proximity to the house], an increased number of short sales, foreclosures and vacant properties, but even the number of rentals in an area can be cause for concern,» says Lisa Frushone, a Pennsylvania real estate agent.

Short sales, foreclosures, and bank REO's have been increasing in the Orange County real estate market over recent years.

* The number of normal sales in May increased by 22.28 percent compared to May 2014, while foreclosures increased 1.50 percent and short - sales decreased 53.78 percent.

The F.H.A. will also sell off about 10,000 delinquent loans each quarter, increase short sales of homes where the loan exceeds the value and amplify its efforts to keep families in their homes, avoiding costly foreclosures.

Given the increase in foreclosures and short sales lenders have increased their standards when evaluating the potential for default of every borrower.

Distressed homes, short sales, and foreclosures continue to dominant the activity in the Baltimore real estate market, increasing the inventory levels and impacting values of surrounding homes.

The state may not yet be showing a dramatic increase in home sales, but as we enter the spring buying season, foreclosure rates have seen a dramatic dip.

However, Price says that even a short sale doesn't put borrowers in the clear since it can take a long time to complete such transactions and increase the chance of a foreclosure.

After the last presidential election in 2008, foreclosure filings had increased 81 percent over the previous year and home sales were down nearly 42 percent from record highs in 2005.

In recent years, we've faced a number of challenges — the financial crisis, tightened lending standards, increased foreclosures, and slow - moving short sales, to name a few.

Topping the list of best places to buy foreclosures in 2013 was the Palm Bay - Melbourne - Titusville metro area in Florida with a total score of 394: 34 months» supply of inventory, foreclosure sales representing 24 percent of all sales, average foreclosure discount of 28 percent, and a 308 percent increase in foreclosure activity in 2012 compared to 2011.

Short sales (where the sales price was below the estimated amount of all outstanding loans for a given property) of properties not in foreclosure increased 15 percent from the previous quarter and were up 17 percent from the third quarter of 2011.

«Changing conditions throughout 2010 in the sunshine states resulting from foreclosures, the tax credit, interest rates, and other factors created more interest in real estate compared to other states that we hope leads to increased activity and sales in 2011.»

* The number of normal sales in August increased by 8.6 percent compared to August 2016, while foreclosures decreased 49.0 percent and short - sales decreased 32.9 percent.

* The number of normal sales in September increased by 20.52 percent compared to September 2015, while foreclosures decreased 60.33 percent and short - sales decreased 24.78 percent.

Sales of normal homes increased 29.25 percent in May 2016, while foreclosures decreased 57.58 percent and short sales decreased 24.79 perSales of normal homes increased 29.25 percent in May 2016, while foreclosures decreased 57.58 percent and short sales decreased 24.79 persales decreased 24.79 percent.

To prevent further increases in foreclosure inventory, NAR has repeatedly called for improved lending to creditworthy home buyers and have urged lenders to make more loan modifications, mortgage refinancings, and short sales, which will help stabilize struggling housing markets.